How much does it cost to buy StaFi (FIS) coins on different exchanges?

Investors can purchase StaFi (FIS) on exchanges like Binance, MEXC, KuCoin, Gate.io, and Bitget, following specific steps and considering fees and trading considerations for each platform.

Jan 04, 2025 at 06:12 am

Key Points

• Understanding StaFi (FIS): A liquid staking solution built on Substrate.
• Exchange options for buying FIS: Binance, MEXC, KuCoin, Gate.io, and Bitget.
• Step-by-step guide to purchasing FIS on different exchanges.
• Fees and trading considerations for each exchange.
• FAQs related to buying and trading FIS.

How to Buy StaFi (FIS) Coins on Different Exchanges

1. Binance: Largest Cryptocurrency Exchange

Step 1: Create an Account

• Visit the Binance website and click "Register."
• Provide your email address, create a password, and verify your account.

Step 2: Fund Your Account

• Log in to your Binance account and click "Deposit."
• Select a fiat currency or crypto asset to deposit.
• Follow the instructions to complete the deposit process.

Step 3: Buy FIS

• Go to the "Markets" page and search for "FIS/USDT" pair.
• Enter the amount of FIS you want to buy and click "Buy."
• Confirm the transaction and your FIS will be deposited into your Binance wallet.

Fees and Considerations:

• Trading fees: 0.1% maker fees, 0.1% taker fees.
• Minimum trade amount: 0.1 FIS.
• Deposit fees: Vary depending on payment method, typically free for bank transfers.
• Withdrawal fees: 2 FIS.

2. MEXC: Top-Tier Altcoin Exchange

Step 1: Create an Account

• Visit the MEXC website and click "Sign Up."
• Enter your email address, create a password, and verify your account.

Step 2: Fund Your Account

• Log in to your MEXC account and click "Fiat Deposit."
• Select a fiat currency and follow the instructions to complete the deposit.
• Alternatively, you can transfer crypto assets from another exchange.

Step 3: Buy FIS

• Go to the "Markets" page and search for "FIS/USDT" pair.
• Enter the amount of FIS you want to buy and click "Buy."
• Confirm the transaction and your FIS will be credited to your MEXC wallet.

Fees and Considerations:

• Trading fees: 0.1% spot trading fees, lower for M-Day holders.
• Minimum trade amount: 0.01 FIS.
• Deposit fees: Free for bank transfers, 1% for credit card deposits.
• Withdrawal fees: 5 FIS.

3. KuCoin: User-Friendly Exchange

Step 1: Create an Account

• Visit the KuCoin website and click "Sign Up."
• Enter your email address, create a password, and complete the verification process.

Step 2: Fund Your Account

• Log in to your KuCoin account and click "Deposit."
• Select a fiat currency or crypto asset and follow the instructions to fund your account.

Step 3: Buy FIS

• Go to the "Markets" page and search for "FIS/USDT" pair.
• Enter the amount of FIS you want to buy and click "Buy."
• Confirm the transaction and your FIS will be immediately transferred to your KuCoin wallet.

Fees and Considerations:

• Trading fees: 0.1% maker fees, 0.1% taker fees.
• Minimum trade amount: 10 FIS.
• Deposit fees: Free for most popular crypto assets, 5% for credit card deposits.
• Withdrawal fees: 5 FIS.

4. Gate.io: Platform for Advanced Traders

Step 1: Create an Account

• Visit the Gate.io website and click "Sign Up."
• Enter your email address, create a password, and complete the verification process.

Step 2: Fund Your Account

• Log in to your Gate.io account and click "Deposit."
• Select a fiat currency or crypto asset to deposit.
• Follow the instructions to complete the deposit process.

Step 3: Buy FIS

• Go to the "Markets" page and search for "FIS/USDT" pair.
• Enter the amount of FIS you want to buy and click "Buy."
• Confirm the transaction and your FIS will be transferred to your Gate.io wallet.

Fees and Considerations:

• Trading fees: 0.2% maker fees, 0.2% taker fees, lower for VIP members.
• Minimum trade amount: 0.01 FIS.
• Deposit fees: Free for most crypto assets, 2% for bank transfers.
• Withdrawal fees: 5 FIS.

5. Bitget: High-Leverage Trading Platform

Step 1: Create an Account

• Visit the Bitget website and click "Sign Up."
• Enter your email address, create a password, and complete the verification process.

Step 2: Fund Your Account

• Log in to your Bitget account and click "Deposit."
• Select a fiat currency or crypto asset to deposit.
• Follow the instructions to complete the deposit process.

Step 3: Buy FIS

• Go to the "Markets" page and search for "FIS/USDT" pair.
• Enter the amount of FIS you want to buy and click "Buy."
• Confirm the transaction and your FIS will be credited to your Bitget wallet.

Fees and Considerations:

• Trading fees: 0.1% spot trading fees, lower for BFT holders.
• Minimum trade amount: 10 FIS.
• Deposit fees: Free for most crypto assets, 2% for fiat deposits.
• Withdrawal fees: 5 FIS.

FAQs

Q: What is StaFi (FIS)?

A: StaFi is a liquid staking platform that allows users to stake their assets and earn rewards while maintaining liquidity. It is built on Substrate and supports various blockchain protocols.